Pretty expensive outage: Facebook boss lost $ 6 billion in a few hours – Aktuality.sk

It is no exception (rather a rule) that the stock markets also react directly to pleasant and unpleasant events in the lives of companies or their bosses. It was similar at current service outage under the auspices of Facebook – including Facebook itself, but also Instagram and WhatsApp.

As the economic paper points out, for example Bloomberg, the stock markets also reacted to the failure of the mentioned services and the market value of Facebook dropped significantly – the share price literally fell by almost 5 percent.

Facebook is not doing very well, the stock has fallen by 15 percent since mid-September. For example, because of recent leaked internal Facebook dataprovided by the media to Frances Haugen. She is a former product manager of the civic misinformation team on Facebook.

In literally a few hours, company boss Mark Zuckerberg lost billions of dollars in personal property. According to the Bloomberg Billionaires Index, its value was to fall by 6 billion dollars to the current level of 121.6 billion dollars. Back in September, the head of Facebook had an estimated asset of around 140 billion. dollars.

At the same time, the decline means that Mark Zuckerberg should have been offended in the ranking of the richest people on the planet. He was to drop “to” sixth place for Microsoft co-founder Bill Gates. Its current assets are somewhere at an estimated level of 124 billion. dollars.

By the way, the Bloomberg Billionaires Index is headed by Elon Musk, who is behind projects such as SpaceX or Tesla – 211 billion dollars. The second is Jeff Bezos ($ 186 billion), who is in addition to Amazon also known from the space business.